Blockwave is a Canadian fintech startup company committed to providing top quality services built on the blockchain network to the wider population. Our goal is to bring a disruptive, ground breaking technology to the masses, with the highest security and reliability.

QUOINE Expands Cryptocurrency Exchange Services In Canada

TOKYO, Oct. 26, 2017 /PRNewswire/ -- QUOINE Pte Ltd. (QUOINE) has partnered with Canadian fintech startup Blockwave to bring blockchain fintech services to Canada, starting with the launch of a cryptocurrency exchange before the end of 2017.

QUOINE will deploy its best-in-class trading engine powering its bitcoin exchange and trading platform, QUOINEX, to deliver the same high trading performance for Canadian customers, which include:

Efficient trade execution with QUOINE's superior matching engine, capable of processing close to one million transactions per second

QUOINE is excited to bring its leading cryptocurrency exchange experience to the Canadian market. Mike Kayamori, CEO and Co-founder of QUOINE, stated "We see a lot of opportunity for QUOINE to serve the Canadian market more effectively with a local, trusted partner. At QUOINE, we believe in collaboration with fintech startups to help drive our mission to democratize finance by growing the crypto economy. This is why we have launched our own ICO, or QASH Token Sale at https://liquid.plus. We envision QASH to be the token of choice for fintech startups and financial institutions. At a micro level, because we are the issuers of QASH, we will work with fintech startups to structure promotions and incentive schemes for their users and all QUOINE services, including QUOINEX. Our partnership with Blockwave is a first step in that direction for a fruitful collaboration to build up liquidity for cryptocurrency markets in Canada with our high performance platforms, the QASH token, and in-house team expertise."

Nick Chong, founder of Blockwave, added: "This year, we expect the Canadian cryptocurrency exchange market to reach an annual volume of CAD $1.5 billion on 275,000 BTC, which is a 10x increase compared to 2016*. After the closure of several domestic exchanges over the past few years, and the retraction of a number of US-based exchanges from the Canadian market last year, Canadian cryptocurrency traders are left with only a handful of choices when it comes to dealing with reliable and reputable exchanges. Our goal is to become a major player in the industry, and thanks to our partnership with QUOINE we will bring higher levels of crypto liquidity to Canada and advanced trading features, such as margin-trading, that were previously not available to Canadians. "

The partnership will leverage on QUOINE's deep expertise in Know Your Customer (KYC) and Anti-Money Laundering (AML) standards. QUOINE is the first global crypto fintech company to receive an official license from the Japan Financial Services Agency (JFSA) on Friday, 29th September 2017 and has also received a comprehensive review from a Big 4 Firm.

Going forward, QUOINE and Blockwave plan to launch margin-trading features in 2018.

* Exchanges listed on Canadian Bitcoin Index combined for a total volume in 2016 of $149.6 million on 200,000 BTC.

ABOUT QUOINE

QUOINE is a leading global fintech company that provides trading, exchange, and next generation financial services powered by blockchain technology. With offices in Japan, Singapore and Vietnam, QUOINE combines a strong network of local partners with extensive team experience in banking and financial products to deliver best in class financial services for its customers. More information is available at www.quoine.com

In 2014, QUOINE launched Quoine Exchange, now known as QUOINEX, which became one of the largest bitcoin exchanges in the world by transaction volume. QUOINE offers powerful trading features, a sophisticated user dashboard, and secure regulatory compliance to individual and corporate customers. QUOINEX provides trading services for bitcoin and fiat currency pairs in Japanese yen, US dollar, Euro, HK dollar, Indonesian rupiah, Singapore dollar, Philippine peso, Indian rupee, Australian dollar, and Chinese Renminbi. QUOINEX has exceeded USD12 billion in transactions in the past two years. In September 2017, QUOINE Corporation became the first global cryptocurrency exchange to be officially licensed by the Japan FSA. More information can be found at www.quoinex.com

In June 2017, QUOINE launched a fully digital cryptocurrency exchange and trading platform called QRYPTOS, exclusively for cryptocurrency trading in desktop version at www.qryptos.com.

In October 2017, QUOINE became the first licensed global cryptocurrency exchange in Japan to launch a global Initial Coin Offering (ICO), also known as the QASH Token Sale. QUOINE Corporation was officially licensed by the Japan FSA on 29th September 2017. QUOINE launched its QASH Token Sale website at https://liquid.plus on 1 October 2017, to fund the growth of the QUOINE LIQUID platform. More information can be found at:

Blockwave is a Canadian fintech startup company committed to provide top quality services built on the blockchain network to the wider population. Our goal is to bring what we believe to be a disruptive, ground breaking technology to the masses, with the highest security and reliability.

CONTACT DETAILS - BLOCKWAVE

Contact Person: Nick ChongEmail: This email address is being protected from spambots. You need JavaScript enabled to view it.Website: www.blockwave.ca